Don't want it, but looking like we may get another leg down. Stops below horizontal support. Just doesn't look like we've created a bottom yet
Tron is very much in an elliot wave... AND ITS BIG. Looking forward at it's current tredectory this is how big and over hyped TRON could grow on an Elliot wave. Will time and reason resist this inflated number? I personally think so, as function and form are always a couple. To grow without ability to function always denotes back down to BTC... the mother tree
We have an overshoot at the top. Too far too fast so I believe BTC will pull back 15-20% from these highs. It may or may not go higher from there depending on whats happening in the crypto space. There is a lot of headline risk lingering regarding fraud that most people are ignoring. (i.e. Tether) The crypto market has to flush out bad cryptos before BTC can real...
Symmetrical triangle failed to break up, strong support down there.
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Thanks to some trading tips and advice from a very reputable trader on here, I saw what I was doing wrong with my poor DOGE. I put the leash on wrong, here's what it's supposed to look like!
In my humble opinion.... the btc will take a "similar" path like the 2013. I do not think that this time, the descent causes the same effect as before, but I am sure of a necessary correction.
Go long on BITSTAMP:BTCUSD | CMP = 902 when ; LONG : the low of the bar is above the upper channel . STOP LOSS : high of the bar is below the upper channel. TARGET : according to follow up price action. Thanks.
Using angles i tried to make a triangle and pinpoint the D spot.